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Politics : Formerly About Applied Materials
AMAT 326.96+1.4%3:33 PM EST

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To: Jacob Snyder who wrote (24363)9/17/1998 6:47:00 AM
From: Justa Werkenstiff   of 70976
 
Jacob: Re: "Anyone remember the sequence and timing of events in 1996?"

One of the interesting facts about 1996 is that AMAT reached its low during an overall market correction in July 1996 and then revisited those lows briefly in early September 1996 and increased in value before a turn in sector orders.

I find it interesting that AMAT has made a lower low at a time when we are moving closer to a recovery in this sector. I believe this drop in trading range is due primarily to the market correction and has little connection with anything having to do with AMAT. The relative strength of AMAT and others in coming out of this correction does, however, leave something to be desired.
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